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Hitachi Energy acquires Canada’s Canduct Group
What happened
Hitachi Energy signed a definitive agreement to acquire Canduct Group, a Canadian manufacturer with over 300 employees, to expand its North American transformer insulation business. The acquisition, expected to close in Q3 2026, aims to strengthen supply chains and support growing electricity demand. Bullish for supply stability of transformer insulation components.
Impact and signal
Medium impactImpact score: 45/100
Affected components and suppliers
Transformer Insulation Kits
Hitachi EnergyCanduct Group
supply-chaincapacity-integration
Source and time
Source: Evertiq · 6/29/2026 · View original source
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